Sobha Townpark Payment Plan
Sobha Townpark Payment Plan has been thoughtfully designed to ensure flexibility and transparency for homebuyers seeking premium living near Electronic City on Hosur Road. Developed by Sobha Limited, this grand township spans over 50 acres and features several themed clusters inspired by New York City, offering a blend of luxury, comfort, and modern lifestyle.
Each cluster under Sobha Townpark follows a clear and structured payment plan that aligns with the project’s construction milestones, making it easier for buyers to plan their finances efficiently.
Located in South Bangalore, Sobha Townpark stands as one of the city’s largest integrated townships. Its prime location on Hosur Road, opposite the Attibele Industrial Area, ensures excellent connectivity to major commercial and IT hubs such as Electronic City, Bommasandra, and Chandapura.
The township includes multiple clusters:
- Sobha Manhattan Towers
- Sobha Brooklyn Towers
- Sobha Madison Heights
- Sobha Hamptons
- Sobha Queens Tower (Upcoming)
Each cluster offers premium apartments ranging from 1 to 4 BHK units, catering to different lifestyle needs and budgets.
Payment Plan Structure
Sobha Limited follows a stage-linked payment structure that provides clarity and financial convenience. The payment schedule generally includes:
- Booking Amount: A small initial amount paid during booking to secure the apartment.
- Agreement Payment: A fixed percentage of the total cost paid at the time of signing the sale agreement.
- Construction-Linked Payments: Payments made progressively as construction milestones are completed.
- Possession Payment: The final installment paid upon handover of the apartment.
This transparent approach ensures that payments are directly tied to the project’s progress, enhancing buyer confidence and trust.
Typical Sobha Townpark Payment Schedule
While the exact payment percentages may vary slightly across clusters, a typical Sobha Townpark payment plan includes:
- 10% – Booking and agreement stage
- 10% – Foundation completion
- 15% – Plinth completion
- 10% – Each floor slab completion (in stages)
- 10% – Brickwork completion
- 10% – Internal plastering
- 10% – Flooring and finishing
- 10% – During possession
This phased plan makes it easier for buyers to manage payments without financial stress.
Pricing Overview
Sobha Townpark offers homes across multiple configurations and price ranges:
- Manhattan Towers: ₹76.65 L* onwards (2 & 3 BHK)
- Brooklyn Towers: ₹64 L* onwards (1, 2, 3 & 4 BHK)
- Madison Heights: ₹1.57 Cr* onwards (1, 2 & 3 BHK)
- Hamptons: ₹83.67 L* onwards (3 & 4 BHK)
- Queens Tower: Details to be announced soon
Each cluster is RERA-approved and designed with a focus on space, ventilation, and luxury finishes, making it an attractive long-term investment in South Bangalore.
Benefits of the Sobha Townpark Payment Plan
- Transparency: All payment milestones are clearly defined in the agreement.
- Flexibility: The stage-linked system allows gradual financial planning.
- Security: RERA compliance ensures funds are used responsibly for construction.
- Convenience: Payments are tied to real-time project progress.
The township’s location near Electronic City makes it one of the most desirable addresses in South Bangalore. Hosur Road provides easy access to major workplaces, schools, hospitals, and retail centers. Additionally, the area’s ongoing infrastructure development, including the Metro expansion and improved road networks, adds immense value to the property.
The Sobha Townpark Payment Plan ensures that investing in a home along Hosur Road near Electronic City is convenient and stress-free. With stage-linked payments, transparent terms, and world-class design, Sobha Townpark continues to set a benchmark in premium urban living. The flexible payment schedule combined with RERA-approved project assurance makes it an ideal choice for homebuyers seeking both luxury and trust in South Bangalore.
